Bitcoin lost $2,700 in hours: Breaking the 45-day winning streak.
This correction from the highs could mean a confirmation of an impending rally towards $15,000.
Moments after almost touching $14,000 Bitcoin reversed violent losing at least $2,700 in a matter of hours. The devastating correction comes after Bitcoin has super week after breaking above $9,000, $10,000 and $11,000 key levels.
The battered bears could not take it anymore as they forcefully grabbed the control of Bitcoin’s bandwagon. Bitcoin hit highs around $13,385 before giving in to the selling pressure. The plunge found support around $11,297.25 (intraday low on Coinbase). A shallow correction has already happened from the low with BTC/USD currently exchanging hands around $11,885.
In my opinion,…